Item Description: third edition, 12th impression, xiii, 432pp tall 8vo, a very good copy in original cloth, New York, McGraw-Hill, 1940. "There is a growing realization throughout industry that one of the greatest opportunities for cost reduction lies in the improvement of existing production methods. The improvements do not necessarily have to be obtained by the installation of new and costly mechanical equipment; improvements of important magnitude can often be secured merely by analysing the process and operations carefully, eliminating unnecessary work and motions, and installing simple, practical, work-reducing methods. Experience has shown that with sufficient study any operation can be improved, and this applies to operations which have already been subjected to study as well as to new or unstudied operations. The percentage of industrial operations existing at the present time which could not profitably be subjected to detailed methods study is very small. Therefore, in this, the third edition of Time and Motion Study and Formulas for Wage Incentives, the material relating to the study of methods has been greatly expanded. It has been demonstrated that greater methods improvements will result if the study is undertaken systematically than if improvement is sought merely by correcting the inefficiencies which first impress themselves upon the attention of the observer. In view of this, considerable care has been taken to develop the description of the methods-study technique in its proper chronological sequence.". Bookseller Inventory # 14497

Item Description: third edition, 12th impression, xiii, 432pp tall 8vo, a very good copy in original cloth, New York, McGraw Hill, 1940. * "There is a growing realization throughout industry that one of the greatest opportunities for cost reduction lies in the improvement of existing production methods. The improvements do not necessarily have to be obtained by the installation of new and costly mechanical equipment; improvements of important magnitude can often be secured merely by analysing the process and operations carefully, eliminating unnecessary work and motions, and installing simple, practical, work-reducing methods. Experience has shown that with sufficient study any operation can be improved, and this applies to operations which have already been subjected to study as well as to new or unstudied operations. The percentage of industrial operations existing at the present time which could not profitably be subjected to detailed methods study is very small. Therefore, in this, the third edition of Time and Motion Study and Formulas for Wage Incentives, the material relating to the study of methods has been greatly expanded. It has been demonstrated that greater methods improvements will result if the study is undertaken systematically than if improvement is sought merely by correcting the inefficiencies which first impress themselves upon the attention of the observer. In view of this, considerable care has been taken to develop the description of the methods-study technique in its proper chronological sequence.". Bookseller Inventory # 24104